Focus on Transport
Volkswagen appoints former Rivian executive as head of American business
Volkswagen appoints Kjell Gruner as head of its American business, as the automaker faces a choppy electric transition and UAW negotiations.
As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there
COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
Chinese EV maker XPeng forecasts strong Q4 revenue, beating Wall Street estimates.
Sayona Mining, Piedmont agree to create $623 million lithium miner
Australia's Sayona Mining acquires U.S.-based Piedmont Lithium in a $623M all-stock deal.
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis CEO Tavares says firm will adapt to potential Trump policy shifts, offering U.S. models in electric, hybrid, and gas options.
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
Tesla shares jumped over 5% Monday after reports of Trump's team planning federal rules for autonomous vehicles.
How Bermuda’s switch to electric buses cut emissions and costs: RMI report
Bermuda’s switch to an electric bus fleet shows how small islands can cut costs, reduce emissions and improve public health through strategic electrification.
Xiaomi CEO: SU7 deliveries surpass 100,000, aiming for 130,000 by year end
Xiaomi targets 130,000 of its EV series SU7 units by the end of the year, which is 10,000 more than its earlier goal.
